Business Payables

Every payment plays a vital role in your business's success, and we're here to ensure that each one is handled with precision, security and ease. Our business payables solutions streamline your payables, reduce expenses and keep you confidently in control.

From seamless setup to ongoing guidance and dedicated client support, Bank of Utah is your trusted partner, with you every step of the way.

Contact a Specialist

Key Benefits of Our Payables Solutions

Take Control of Cash Flow

Optimize your cash flow management with tools that help you track transactions, control payment timing and gain full visibility into your finances.

Enhance Payment Efficiency

Accelerate your payables processing with streamlined electronic payment tools, designed to reduce errors, save time and keep your business running smoothly.

Safeguard Your Transactions

Protect your payments with advanced fraud prevention features that secure your transactions and give you peace of mind with every business payment.

Business Payables Solutions

Bank of Utah provides tailored solutions to streamline accounts payable processes, from recurring payments to high-value wire transfers.

Use the dropdown arrows below to explore each of the services in detail.

Online Banking with Bill Pay

Good if: You want an automated, easy-to-use tool for managing business payments.

Features and Benefits

  • Schedule Payments: Automate recurring bills to save time.
  • Improve Control Flow Control: Organize and track expenses with detailed payment reports.
  • Reduce Errors: Eliminate manual processing mistakes with electronic payment tools.
  • Grant Multi-User Access: Assign roles and control permissions for multiple users.
ACH Payments

Good if: You're looking for a cost-effective way to manage bulk or recurring payments.

Features and Benefits

  • Initiate Direct Deposit: Automatically deposit payroll into employees' accounts.
  • Process Batch Payments: Handle multiple vendor payments at once.
  • Schedule Recurring Payments: Save time and effort with automated schedules.
  • Reduce Costs: Lower fees compared to traditional check payments.
Wire Transfers

Good if: You need to send high-value, time-sensitive payments quickly and securely.

Features and Benefits

  • Make Same-Day Transfers: Send domestic and international payments in real time.
  • Safeguard Transactions with Enhanced Security: Use secure tracking and fraud protection features.
  • Access Global Payment Networks: Connect to both domestic and international networks.
  • Ensure Immediate Settlement: Guarantee timely delivery for critical payments.
Payroll Cards

Good if: You want a cost-effective, secure, and convenient way to pay employees, especially those without bank accounts.

Features and Benefits

  • Integrate Seamlessly: Align payroll cards with your existing payroll systems effortlessly.
  • Issue Instantly: Provide payroll cards quickly through instant-issue packs and online enrollment.
  • Use Anywhere: Enable employees to make purchases, withdraw funds at ATMs1, and pay bills wherever Visa® or Mastercard®2 debit cards are accepted.
  • Fund Easily: Load payroll cards electronically using ACH direct deposit or other related digital tools.
  • Access Support: Rely on dedicated implementation, training and program assistance.
  • Manage Finances: Allow employees to track funds with alerts, phone systems or mobile banking3.
  • Ensure Security: Protect funds with FDIC insurance4 up to applicable limits.

1 ATM withdrawal fees may apply. See your Fee Schedule and Cardholder Agreement for details.

2The Skylight ONE Prepaid Mastercard is issued by BofI Federal Bank pursuant to a license by Mastercard International Incorporated. BofI Federal Bank, Member FDIC. Netspend, a TSYS® Company, is a registered agent of BofI Federal Bank. Use this card everywhere Debit Mastercard is accepted. Certain products and services may be licensed under U.S. Patent Nos. 6,000,608 and 6,189,787. Use of the Card Account is subject to funds availability and ID verification. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. See the Cardholder Agreement for details. Mastercard is a registered trademark of Mastercard International Incorporated.

© 2017 Total System Services, Inc.® All rights reserved worldwide. TSYS® and Netspend are federally registered U.S. service marks of Total System Services, Inc. All other trademarks and service marks belong to their owners.

3 Standard messaging and data rates may apply for text or email alerts.

4 FDIC insurance applies upon successful activation and registration of the Card Account.

Take the Next Step

If you don’t have a business account with us yet, start by exploring the options that fit your needs. Already a client? Skip ahead to connecting with our business specialists or enrolling in online banking.

Explore

Start by finding the right account to support your payment and financial goals.

Connect

Work with our business specialists to tailor payment solutions for your business.

Enroll

Manage your business accounts seamlessly by enrolling in online banking.